Latest news with #Starboard
Business Wire
09-07-2025
- Business
- Business Wire
Starboard Group and Invicta Watch Group Announce Exclusive Launch of Invicta Tequila on Cruise Ships Worldwide
MIAMI--(BUSINESS WIRE)--Starboard Group, the world's leading vacation retail curator, today announced the launch of Invicta Tequila—a bold new lifestyle product developed in collaboration with Invicta Watch Group and produced by the renowned Casa Maestri Distillery in Mexico. Launching exclusively on 26 cruise ships this summer, the new premium tequila is Invicta's latest expansion as a lifestyle brand and is a first-of-its-kind—and first-at-sea—collaboration between a watch brand and a tequila producer. The launch also marks a milestone in Starboard's history as it is the first time the company has spearheaded the creation of a branded, premium spirit from concept to shelf. 'We are thrilled to debut Invicta Tequila exclusively onboard 26 cruise ships and give guests on those vessels a chance to experience the product before anyone else in the world,' said Lisa Bauer, President and CEO, Starboard Group. 'This launch builds on our strong partnership with Invicta and leverages our expertise and global resources in the premium spirits space to help extend the brand into a new lifestyle category and offer exclusive, personalized onboard experiences that will excite its customers and fans.' The launch of Invicta Tequila reflects Starboard's continuing evolution beyond traditional vacation retail operations into brand building, experience curation and category innovation. The company leveraged its deep understanding of Invicta's passionate customer base to identify the premium spirits category, and tequila in particular, as a natural brand extension opportunity that would give Invicta fans a new, collectible—and consumable—way to celebrate their love of the brand. 'We are proud to continue our expansion as a lifestyle brand by launching Invicta Tequila exclusively on cruise ships across the globe,' said Eyal Lalo, CEO of Invicta Watch Company. 'Starboard was the perfect partner for us to collaborate with on our first entry into the high spirits space, as they have strong global relationships in the category and deep knowledge of our customers, who are passionate about the Invicta brand and excited to engage with us across a growing array of lifestyle products and exclusive experiences.' By initially launching Invicta Tequila onboard 26 cruise ships, Starboard is also tapping into Invicta fans' love of brand exclusives by creating an immersive, experience-led debut for the new spirit and giving cruise guests first access to the product and personalized offerings such as on-board tastings. In addition to the Invicta Tequila launch, Starboard is also introducing Invicta fragrances onboard selected ships this summer. Starboard tapped its expertise and global relationships in the premium spirits space to identify award-winning tequila producer Casa Maestri, based in Jalisco, Mexico, as the ideal partner to ensure Invicta Tequila is synonymous with quality, authenticity and the bold spirit that defines the Invicta brand. 'We're extremely honored to partner with Invicta and Starboard to produce Invicta Tequila,' said Celia V. Maestri, CEO and co-founder at Casa Maestri Distillery. 'We nurture our agave fields with the utmost care and use traditional production methods to ensure every bottle of Invicta meets the highest standards and reflects the brand's bold spirit and commitment to quality craftsmanship.' Click here to access brand imagery. About Starboard Group From its origins in 1958 charting new courses in the duty-free industry, Starboard has always been more than just a retailer—we're curators of vibrant experiences that enrich every vacation. As the world's leading vacation retailer at sea, we've perfected the art of creating memorable shopping moments across more than 90 ships, partnering with 15 world-class cruise lines. Our luxury division is creating a unique boutique experience for luxury travelers by hand curating elevated retail collections and experiences for sophisticated travelers on ocean ships, yachts and adventure-based expedition vessels. In 2024, as Starboard Group, we're expanding our horizons even further. Now, with Starboard Cruise, Starboard Luxury, and Starboard Resort under our umbrella, we're bringing our signature retail magic to land-based operations. This evolution positions us at the forefront of vacation retail, blending our rich maritime heritage with the exciting opportunities of resort-based shopping. Recognized time and again for our innovation and quality—garnering accolades such as DFNI-Frontier Americas Travel Retailer of the Year and Global Cruise Retailer of the Year—Starboard Group continues to set the standard in travel retail. Our sister company, Onboard Media, crafts engaging multimedia experiences that drive brand awareness and boost revenue across the travel and hospitality sectors. Headquartered in Miami, with additional offices in Hong Kong, Shanghai, and Genoa, Italy, Starboard and Onboard Media are proud members of Global Travel Retail Holdings, LLC—a forward-thinking joint venture with LVMH and Gissy Investments, poised to lead the next wave of travel retail innovation. About Invicta Watch Group Founded in La Chaux-de-Fonds, Switzerland, in 1837, Invicta Watch Group has built a reputation for innovation, design excellence, and craftsmanship. With over 1,000 unique models produced annually, 55+ design and mechanical patents, and 1,250+ trademarks, the brand has cultivated a strong global following among collectors. Invicta has also received the prestigious Red Dot Design Award for product innovation. Beyond Invicta, the group owns, designs, manufactures, and distributes additional brands, including: Technomarine S. Coifman Glycine Switzerland These brands collectively span from high-end Swiss luxury timepieces to accessible fashion watches, available at over 3,000 retail locations worldwide. For more information, visit
Business Insider
08-07-2025
- Business
- Business Insider
Galxe Starboard Leads InfoFi Boom With 5 Million Engagements
Messari report shows Starboard registered over 5 million community actions for 20 projects including Sui in its first month Leading crypto analyst Messari today reports that InfoFi platform Starboard from web3 growth leader Galxe has captured millions of engagements in just one month since its launch. Since launch, Starboard has indexed over 150,000 posts, capturing 3.09 million likes, 1.18 million retweets, 1.05 million replies, and 167,105 quotes, amounting to more than 230 million total views. More than 20 projects joined the platform at launch, including Sui, 0G and Plume, collectively offering over $5 million in campaign rewards to drive early engagement. Within the first few weeks, thousands of users enrolled in various contributor campaigns. Sui's campaign has led Starboard's activity, with approximately 8,140 active participants tracked on its leaderboard. Other early adopters include 0G Labs with around 2,237 contributors and Plume with approximately 1,086. Each campaign is supported by a public leaderboard that updates in real-time. These project-specific rankings are further aggregated into the global leaderboard. Together, these tools provide a transparent system for surfacing top contributors and incentivizing sustained user participation. Commenting on Starboard's initial growth, Galxe's co-founder Charles Wayn, said: 'More than visibility, the huge user engagement our 20+ registered projects are seeing indicates a significant volume of users actively engaging with projects via Starboard to promote their products and services in a meaningful way'. 'It's a real testament to the power and value of the emerging InfoFi sector and data driven user analytics that are allowing projects to advance and refine their growth strategies.' Starboard's off-chain and on-chain data points are affording projects unique insights into their communities. Among these are the prominence of long-term contributors deeply engaged with specific ecosystems. For example, top contributors in the Plume Starboard are mostly RWA-focused users, and many of the active accounts in 0G have usernames that include '0G,' signaling strong community alignment. About Galxe Galxe is web3's leading growth platform, trusted by over 34 million users and more than 7,000 brands globally. Built on Gravity—Galxe's ultra high-performance Layer 1 blockchain—the Galxe Platform unifies onboarding, identity verification, automation, and user engagement into one seamless experience. Industry leaders like Coinbase, Polygon, and Optimism rely on the Galxe Platform to grow and activate their communities and drive engagement across their ecosystems. By harmonizing fragmented tools into a single, unified web3 growth engine, Galxe enables industry leaders to build smarter, scale faster, and engage more effectively. Users can learn more at
Yahoo
03-07-2025
- Business
- Yahoo
Datadog, Synopsys & Cadence, TripAdvisor: Trending Tickers
Datadog (DDOG) stock soars after S&P Global (SPGI) announced the company will replace Juniper Networks (JNPR), which was just acquired by HPE (HPE), in the S&P 500 (^GSPC) on Wednesday, July 9. Shares of Synopsys (SNPS) and Cadence Design (CDNS) climb after the US lifted restrictions on chip design software sales in China. TripAdvisor (TRIP) stock surges after The Wall Street Journal reported that activist investor Starboard has taken a more than 9% stake in the company. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Now time for some of today's trending tickers. We're watching DataDog, chip design, stocks, synopsis and cadence design, and Trip Advisor. First up, DataDog, rising after S&P Global announced the monitoring and security provider will replace Juniper Networks in the S&P 500. Remember, Hewlett Packard Enterprise, also an S&P member, this week announced the completion of its $13 billion Juniper acquisition. Juniper then has since stopped trading. And DataDog's inclusion in the S&P 500 will be effective prior to the opening trade on July 9th. Wedbush's Dan Ives calling this a quote, validation moment for the stock. He raised the firm's price target to $170 a share, implying 26% upside. Remember, all of the funds that are benchmarked versus the S&P 500 now have to add those shares. And meanwhile, shares of Robin Hood and Up11, we're watching those, both fall a bit. Both were considered candidates to potentially join the S&P 500. Next up, shares of synopsis and cadence design, both rising after the US lifted export license requirements for chip design software sales in China. In late May, those chip designers were told they had to get a license before exporting their software and other tech to China. Synopsis says it's working to restore access to the recently restricted restricted products in China. The loosening of restrictions comes after China signaled its making trade progress in those trade talks with the US. And finally, Trip Advisor, rising after the Wall Street Journal reported activist investor Starboard has built a 9% plus stake in the online travel advice company. That investment expected to be revealed in a regulatory filing. Trip Advisor has been underperforming the S&P 500, the shares down around 15% over the past year. The report comes after prior speculation about a takeover bid. The company in 2024 announced it was forming a special committee to consider strategic alternatives. Starboard stake reportedly valued around $160 million, making the firm one of the top shareholders. And you can scan the QR code below to track the best and worst performing stocks with Yahoo Finances trending tickers page. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
03-07-2025
- Business
- Yahoo
Tripadvisor Stock Jumps as Activist Investor Starboard Value Takes 9% Stake
Activist investor Starboard Value has taken a 9% stake in Tripadvisor, and shares of the travel review company jumped Thursday. Starboard reported it now owned 10.6 million shares, and called them "undervalued." Starboard said it would engage with Tripadvisor's management and board to consider "opportunities for value creation."Shares of Tripadvisor (TRIP) soared 12% Thursday after activist investor Starboard Value took a 9% stake in the travel review provider. In a regulatory filing, Starboard said it owned about 10.6 million shares of Tripadvisor, arguing that the stock was "undervalued and represented an attractive investment opportunity." Starboard added that it intends "to engage with the Issuer's management and Board of Directors regarding opportunities for value creation." Starboard noted that it might suggest a range of steps, including "making recommendations or proposals to the Issuer concerning changes to the capitalization, ownership structure, board structure (including board composition), potential business combinations or dispositions involving the Issuer or certain of its businesses, or suggestions for improving the Issuer's financial and/or operational performance." Tripadvisor shares sank in 2020 when the COVID-19 pandemic caused a major slump in travel and tourism. They rallied back in 2021, but have steadily declined since as revenue from its namesake brand slid, while subsidiaries Viator and TheFork grew. The Wall Street Journal reported that the company turned down several takeover offers in the past year. The stock price was marginally higher year-to-date going into today's session. Investopedia has reached out to Tripadvisor for comment. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
03-07-2025
- Business
- Reuters
Activist investor Starboard discloses 9% stake in Tripadvisor, says shares 'undervalued'
July 3 (Reuters) - Activist investor Starboard Value disclosed a 9% stake in Tripadvisor (TRIP.O), opens new tab on Thursday, saying the online travel booking platform's shares were "undervalued". The hedge fund, one of the industry's busiest activist investors, said it will engage with Tripadvisor's management about opportunities for value creation, sending the online travel firm's shares up 10% in premarket trading. Starboard said it purchased Tripadvisor shares as it believed they "were undervalued and represented an attractive investment opportunity," according to a filing with the U.S. Securities and Exchange Commission on Thursday. Tripadvisor did not immediately respond to Reuters' request for comment. Starboard's stake was worth about $160 million, according to Reuters' calculations based on its last closing price. The travel platform's shares have risen 1.5% so far this year, compared with a 10.5% gain in the Dow Jones U.S. Travel and Leisure Index (.DJUSCG), opens new tab. The stock currently trades at 7.93 times the average estimate for its earnings for the next 12 months, compared with an industry median of 16.22, according to LSEG data. In December 2024, Tripadvisor entered a merger agreement to repurchase all shares of its then-controlling shareholder, Liberty Tripadvisor Holdings, and now runs as an independent company. Starboard has pushed for changes at several companies in the last one year, including Band-Aid maker Kenvue (KVUE.N), opens new tab, drugmaker Pfizer (PFE.N), opens new tab and design-software firm Autodesk (ADSK.O), opens new tab.
